Start a Home Based Business
10 Reasons to Start a Home Based Business
Building a better future and gaining self-fulfillment is a challenge that faces
us all in today's world. We are continually searching for security and stability
in the workplace. Jobs are lost each day because of corporate downsizing,
layoffs, and businesses moving to other countries where labor is cheaper.
Although this seems bleak, there are options. Everyone should consider
establishing a steady strong second source of income. This will help ensure a
future, independent of circumstances beyond our control.
Here are 10 reasons why everyone should consider starting a home-based
1. BE YOUR OWN BOSS
You get to set your own work hours and dress code. Work where you want and when
you want, part-time or full-time. Be the president of your own company.
2. NO FRANCHISE FEES OR ROYALTIES
No fees and overhead is minimal. There is no need to rent office space or buy
3. WORKING AT HOME
More free time available with your family. Eliminates commute and rush hour
traffic. Live where you want to live because your business can move with you.
4. IMMEDIATE INCOME
You can start earning an income right away. There is even a greater opportunity
to earn an above average income.
5. LIFETIME INCOME
You can build a successful income generating business that can last a lifetime.
With most jobs, you are paid once for every hour that you work. With some
home-based businesses you can build "residual" income for a lifetime.
6. NO EMPLOYEES
No employee related hassles or paperwork. You don't have to work 80+ hours a
week trying to manage your staff.
7. TAX BENEFITS
Legally you can save thousands of dollars with home-based business deductions.
8. NO CEILING ON INCOME
You are paid what you are worth. You decide how much you earn, by YOUR effort
9. LIVE AS YOU PLEASE
Have some freedom at last. You control your time and lifestyle. You could even
move to ANY state you want. Most home businesses (especially network marketing)
can be run anywhere.
10. AVAILABLE TO EVERYONE
No previous experience necessary. You can earn as you learn. There are no
barriers because of age, gender, race, or education.
Many people are now choosing
network marketing as their home-based business,
mainly because of the low start-up costs and low risk. But, with so many network
marketing companies out there, what should one should look for, before joining
any home-based business.
1. Products and services that you can believe in.
2. Simple and achievable marketing plan.
3. Support and training available.
4. Integrity of company, Debt-free.
5. No required inventory to carry,
6. Future residual income.
Not all sources of income are created equal. Most people's source of income is
linear, which means they are paid for one time for every hour they work AND you
must be there to earn it. Even professionals like doctors and lawyers are
earning a linear income. They are only paid for the hours they work.
THE BEST SOURCE OF INCOME IS RESIDUAL
The best source of income is residual, which means getting paid multiple times
for something you did last month or even last year. After the initial effort,
you don't have to earn it. Royalties, rentals, investments, and some forms of
home-based businesses can supply unlimited amounts of residual income.
1. Fixed income
2. Tied to a Job
3. Part-time or Full-Time
4. Someone else in control
1. Unlimited Income
3. Part-time or Full-time
4. Your are in charge
Building a strong residual income can last a lifetime. There are many ways to
make money, but only a few provide the time to enjoy it! Make sure you do your
homework before you start your next home-based business, ask a lot of question.
Then, if it feels right and the company meets the above list of requirements,
put in the daily effort it takes to be successful. The rewards are great!
Home Based Business Opportunities